company car tax

[Richard B]

TVM for the Isuzu tip Dan and Jools

As for the hard tops:
1. I thought the "buy your own" would sort it
2. The Isuzu will stand 45kg extra and still have 1000kg payload available, so that truck's OK!

[fatboy500]

Keep an eye on todays budget as there is talk of company vans being walloped....

[Daniel TD5]

2007 is the date for the change 22% of 3000 if you use it at home £500 pounds flat rate for fuel we all new it was coming

[fatboy500]

There's NI on top of that as well so that's 33% of £3000 if you're a lower rate tax payer.
If you're a 40% tax payer then it's £1200 a year tax to pay and your employer has to pay another 12.8% NI as well !

[Richard B]

Well remembered that man...

Unfortuately that's killed the idea off for me as I am my employer!

[Daniel TD5]

i am 40% man so its £1200.00 + fuel at £500.00 i think that still
cheap you could just about get a ford focus on that cost with the
company car co2 and fuel

[jools]

Just got the go ahead to order a company car

Now to replace my freelander V6 with a diesel model (all I'm alowed)

Car Tax - £2931 (2004/2005) - £3029 (2005/2006)
Fuel - £1728

Total £4659 tax to be paid in first year (40%)

...... or.......

Twin Cab pick up
£200 tax to be paid a year until 2007, then £1400 (van+fuel)

so on that basis, the twin cab I think it will be!!

So, anybody with L200's, Nissans, Isuzus got any comments - The Nissan seems to have the most power and torque for towing.

The hard top seems the way forward - the way I read the tax rules the hardtop counts as 45kg - and you need to have a payload of over 1 tonne - so aslong as the payload is +1045kg then the hardtop is OK - is that correct?

Cheers
Jools

[Cookee]

Jools - As a Nissan owner for the second time I like them - recently bought the "Outlaw" which has the moulded roll bar in the back with a brake light in it although thats a waste of money if you are putting a box in the back!

The only option in my eyes is the Mitsubishi and to be fair some people prefer the ride of that one as some people think the Nissan is a bit bouncy although it's better for towing. Drive them both and see if you think it's worth a couple of grand or so more!

My first one was a Isuzu KB import and IMHO they come in third!

I think you've got the tax thing straight, but I'd get a professionals opinion!

[Scary Des]

Have you thought about giving up your company car? I know of systems were the employee gets an allowance or interest free loan, a better tax code and mileage allowance. I’m told it is more lucrative option.
Des

[Scary Des]

?

[jools]

We can take a cash option - or opt for a car and a fuel card, which we can use for personal milage (and boat towing )

As I do a round trip of about 100miles a day the fuel card is quite a bonus!!

If you only do a small amount of personal mileage then the cash allowance would be better.

Jools

[Seb]

The ultimate tow truck?

6.8l diesel V10.

Capable of pulling over 6000kg!